Surpluses Are Expected to Weaken
As Tourism in Asia Slows to Trickle

HONG KONG -- For the already faltering Asian economies, the sharp slowdown in tourism following the Sept. 11 terror attacks in the U.S. is expected to reverberate far beyond the devastated travel industry.

Smaller, economically fragile countries are more vulnerable to the decrease in tourism than larger nations, and are expected to suffer more. As travel plans are canceled and flight bookings and hotel reservations pulled, the decline...